Zurich, Switzerland — During Barry Callebaut AG’s 2018/2019 fiscal year, the supplier increased sales volume more than 5.1 percent, outpacing the global chocolate growth rate of 1.8 percent, the company reports. Sales revenue was up 7.8 percent, in local currencies, for the year.
Sales volume was up across regions, with Asia-Pacific experiencing the highest growth at slightly more than 12 percent. In the Americas, sales volume increased 4.4 percent with strong results from the company’s food manufacturers and gourmet divisions, the supplier reports.
“Going forward, we remain committed to pursuing our successful ‘smart growth’ strategy. Good growth momentum, a strong innovation portfolio and discipline in execution make us confident of delivering on our renewed mid-term guidance,” says CEO Antoine de Saint-Affrique.
During its fiscal year, Barry Callebaut achieved a number of milestones including integration of Inforum, a Russian B2B chocolate, coatings and fillings supplier; the signing of a Memorandum of Understanding with Serbia to build the company’s first Southeastern Europe factory; the opening of its 23rd global Chocolate Academy, located in Antwerp, Belgium; and started construction on a global distribution center in Lokeren, Belgium, the company reports.